AUD/CAD – 30M – SELL

The pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bullish trendline downwards

A bearish trend down to the next support level at 0.96932 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Moreover a ‘Falling Window’ candlestick pattern is discovered. The candles show ‘Falling Window’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).

0.97313 – 0.96864 – 0.96899 – 0.96932 – 0.96636 – 0.96418 —
0.97446 – 0.97437 —
73.816763456216 – 69.103484612305 —
– —
0.97313 – 1772010000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Falling Window – – – – – – – – –